Learn How To Be A Successful eBay Seller

Written by Lewis Leake

Continued from page 1

Although eBay accepts just about every type of item, there are a few exclusions such as explosions, corrosive material, etc. Before you go throughrepparttar entire process of listing your items, make sure you are not listing something forbidden by checking outrepparttar 141292 do’s and don’ts listed on eBay.

Competitor Analysis

Just like any other business, you need to know what your competitors are doing. This will help you makerepparttar 141293 best possible decision when it comes to your own auction. Before listing your items, do a search forrepparttar 141294 same type items to see what their descriptions looks like. Find different aspects from different sellers and use them to form one comprehensive site for yourself.

Community Boards

Pay attention torepparttar 141295 community boards provided by eBay. They offer valuable information and helpful tips that can ultimately save you time and effort.

Category Guide

Use eBay’s Category Guide, which is a helpful tool to ensure you place your auction items inrepparttar 141296 appropriate category.

When to List

The time of day you list your auction is important. The start time will berepparttar 141297 same asrepparttar 141298 end time, which is why it is so important. If you want your auction to end at 10:00 p.m. on a Sunday night, you need to haverepparttar 141299 auction start at 10:00 p.m. For this reason, be sure to setrepparttar 141300 start time accordingly.

Do your Homework

In addition to researching what other people are selling similar items for, you need to conduct your own research outside of eBay as well to determinerepparttar 141301 going rate for your items. As an example, if you are selling artwork, jewelry, or collectibles, you need to state in your descriptionrepparttar 141302 going price. Although you may or may not get that price fromrepparttar 141303 buyer, it shows buyers that you have done your homework and will stand a little more firm in your price. It also tells buyers that they are getting quality for a good price.

When it comes to selling on eBay,repparttar 141304 door of opportunity stands wide open. Opportunity is what you decide to make of it. As mentioned inrepparttar 141305 beginning, people literally buy and sell just about everything on eBay. For this reason, do not think that items you have would not be of interest to anyone because more than likely, they will be.

Lewis Leake is the webmaster of GrowNetProfits.com - subscribe to his GrowNetProfits Newsletter and get Work From Home Tools, Articles, Tips and Resources delivered to you twice a month. http://www.grownetprofits.com -- Also get access to his new Subscriber's Membership Site.

Working With Drop Shippers

Written by Ray Yee

Continued from page 1

Although manufacturers or direct distributors are large companies, some of them may not have an established website. You can still contact them by calling them or sending them a mail. I would recommend that you call them personally so that there is more room for negotiations, and also a warmer ‘touch’ torepparttar business relationship.

Before calling your drop shipper directly, you will need to establish your business as a legal entity before starting any business trading. Registering your business withrepparttar 141291 government involves getting your Tax ID number, and also your official business name. You can contact your state’s administration and find out how to register your business. U.S. citizens can get a lot of resources and information on registering a business at http://www.sba.gov.

After your business registration is done, you can start contacting your drop shipper and negotiating with them. There are several important issues that you have to discuss with them:

1) Shipping. Most ofrepparttar 141292 companies outsourcerepparttar 141293 delivery of their products to a delivery service like FedEx or UPS. Once you email a customer order to your drop shipper, you will need to be able to keep track ofrepparttar 141294 status ofrepparttar 141295 delivery. If any customer were to query you on whenrepparttar 141296 goods are to arrive, you will then be able to account for them fully. Established delivery services like FedEx offer online real-time tracking services. Withrepparttar 141297 tracking numbers issued byrepparttar 141298 services, you can log on torepparttar 141299 internet to trackrepparttar 141300 delivery status ofrepparttar 141301 goods. Alternatively, you can choose to includerepparttar 141302 tracking number inrepparttar 141303 email autoresponders sent to your customers, so that they can log on torepparttar 141304 FedEx or UPS website to trackrepparttar 141305 shipment.

You would also need to find out what isrepparttar 141306 delivery service that your drop shipper uses, and calculaterepparttar 141307 shipping costs. Shipping costs within a country should be significantly lower than international shipping, thus it is advisable to select a drop shipper based inrepparttar 141308 country where most of your customers are. This not only cuts down a lot on shipping costs, it will also reducerepparttar 141309 hassles of international shipping like customs security and slow delivery time. Additionally, lower shipping costs would encourage more purchases from your customers, as compared to cases of international shipping whererepparttar 141310 high shipping costs can sometimes account for up to halfrepparttar 141311 price ofrepparttar 141312 goods, deterring them from making purchases.

Usually,repparttar 141313 logistics department ofrepparttar 141314 drop shipper is willing to label their products with your company name and logo, so that it will appear as if you wererepparttar 141315 one who shippedrepparttar 141316 products to your customers.

2) The wholesale price of their products. Although this would not vary much among manufacturers ofrepparttar 141317 same products, some manufacturers do offer a slightly lower wholesale price than other suppliers forrepparttar 141318 same product quality. It would pay off much inrepparttar 141319 long run if you scout around for wholesalers with lower price, as you would make a bigger profit on each sale. You can also negotiate among several wholesalers first because some wholesalers allow greater room for negotiation than others. If your online businesses can have a guarantee of selling a large quantity of products, you should be able to get a lower price for them, similar torepparttar 141320 discount given for bulk purchases.

3) Credit and Billing. You would have to make clear with your drop shipper how you are going to pay them, whether it is by credit cards or by checks. Willrepparttar 141321 payment be made immediately after each purchase of goods, or will it be paid after a certain minimum quantity of goods is purchased, or will it be paid atrepparttar 141322 end of each month? These details may appear trivial, but it is important to clarify all this atrepparttar 141323 start to prevent disputes later.

4) Product Return Requests. Because your customers expect their products to be of a pretty high standard, your drop shipper will need to guarantee you a certain standard of product quality, and be willing to replace any defective products. Be wary of drop shippers that do not offer these guarantees! If it turns out that many of their products are defective, then your reputation is at stake, and you would end up with many useless defective products. Clarifyrepparttar 141324 process of returning defective products. You may want your customers to returnrepparttar 141325 products directly to your drop shipper, instead of sendingrepparttar 141326 products first to you, then from you torepparttar 141327 drop shipper.

An agreement with your drop shipper on their refund policy should be finalized. If they do, you need to determine whetherrepparttar 141328 funds are to be transferred first to you or directly torepparttar 141329 drop shipper.

In conclusion,repparttar 141330 process of establishing a business relationship with a drop shipper can be quite complicated. However, if many ofrepparttar 141331 details are clarified right before any transactions are made, your online business should be able to handle allrepparttar 141332 hassles smoothly.

*You are welcome to reprint this article as long as you includerepparttar 141333 Author’s resource box withrepparttar 141334 article.

About the Author: Ray Yee is the founder and president of Dropshipperscentral, a website which provides a wealth of informative articles, tips and resources on everything you’ll ever need to know about setting up a Drop Ship Business and marketing it. Click here for the Wholesale Drop Ship Directory from http://www.dropshipperscentral.com

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